Goldman Sachs expects Bitcoin market correction at $ 3,100

According to the platform investor Goldman Sachs, the platform Interactive Investor has recently warned its clients that the bitcoin rate could still rise, but probably will correct. Although the company is not normally dealing with the monitoring of digital currencies, it now expressed its opinion about Bitcoin in the last Blockchain Unchained report of 12 June.

According to the bank, the price will fall to a new all-time high at 3,100 US dollars. The reason for the assessment are the recent strong price increases.

According to ZeroHedge, there will be an expected reversal as soon as the price per bitcoin reaches a new peak. The oscillator shows a negative signal, which is usually an indication of an imminent bear market.